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Globus Med Inc Financials

GMED
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Globus Med Inc (GMED) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 69 / 100
Financial Profile 69/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
59

Globus Med Inc has an operating margin of 16.3%, meaning the company retains $16 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is up from 6.6% the prior year.

Growth
61

Globus Med Inc's revenue surged 16.7% year-over-year to $2.9B, reflecting rapid business expansion. This strong growth earns a score of 61/100.

Leverage
99

Globus Med Inc carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
84

With a current ratio of 4.26, Globus Med Inc holds $4.26 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 84/100.

Cash Flow
75

Globus Med Inc converts 20.0% of revenue into free cash flow ($588.8M). This strong cash generation earns a score of 75/100.

Returns
37

Globus Med Inc's ROE of 11.8% shows moderate profitability relative to equity, earning a score of 37/100. This is up from 2.5% the prior year.

Altman Z-Score Safe
11.37

Globus Med Inc scores 11.37, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($11.9B) relative to total liabilities ($729.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
7/9

Globus Med Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.40x

For every $1 of reported earnings, Globus Med Inc generates $1.40 in operating cash flow ($753.4M OCF vs $537.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.9B
YoY+16.7%
5Y CAGR+30.1%
10Y CAGR+18.4%

Globus Med Inc generated $2.9B in revenue in fiscal year 2025. This represents an increase of 16.7% from the prior year.

EBITDA
$756.7M
YoY+80.4%
5Y CAGR+34.1%
10Y CAGR+14.4%

Globus Med Inc's EBITDA was $756.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 80.4% from the prior year.

Net Income
$537.9M
YoY+422.3%
5Y CAGR+39.4%
10Y CAGR+16.9%

Globus Med Inc reported $537.9M in net income in fiscal year 2025. This represents an increase of 422.3% from the prior year.

EPS (Diluted)
$3.92
YoY+422.7%
5Y CAGR+31.2%
10Y CAGR+12.9%

Globus Med Inc earned $3.92 per diluted share (EPS) in fiscal year 2025. This represents an increase of 422.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$588.8M
YoY+45.3%
5Y CAGR+34.2%
10Y CAGR+23.2%

Globus Med Inc generated $588.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 45.3% from the prior year.

Cash & Debt
$526.2M
YoY-32.9%
5Y CAGR+17.1%
10Y CAGR+24.7%

Globus Med Inc held $526.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
67.4%
YoY+8.5pp
5Y CAGR-5.0pp
10Y CAGR-8.3pp

Globus Med Inc's gross margin was 67.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 8.5 percentage points from the prior year.

Operating Margin
16.3%
YoY+9.7pp
5Y CAGR+2.2pp
10Y CAGR-15.3pp

Globus Med Inc's operating margin was 16.3% in fiscal year 2025, reflecting core business profitability. This is up 9.7 percentage points from the prior year.

Net Margin
18.3%
YoY+14.2pp
5Y CAGR+5.3pp
10Y CAGR-2.4pp

Globus Med Inc's net profit margin was 18.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 14.2 percentage points from the prior year.

Return on Equity
11.8%
YoY+9.3pp
5Y CAGR+5.0pp
10Y CAGR-4.0pp

Globus Med Inc's ROE was 11.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.3 percentage points from the prior year.

Capital Allocation

R&D Spending
$147.2M
YoY-10.1%
5Y CAGR+11.7%
10Y CAGR+15.0%

Globus Med Inc invested $147.2M in research and development in fiscal year 2025. This represents a decrease of 10.1% from the prior year.

Share Buybacks
$300.5M
YoY+250.2%
5Y CAGR+23.5%

Globus Med Inc spent $300.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 250.2% from the prior year.

Capital Expenditures
$164.7M
YoY+42.7%
5Y CAGR+20.9%
10Y CAGR+12.5%

Globus Med Inc invested $164.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 42.7% from the prior year.

GMED Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $826.4M+7.5% $769.0M+3.2% $745.3M+24.6% $598.1M-9.0% $657.3M+5.0% $625.7M-0.6% $629.7M+3.8% $606.7M
Cost of Revenue $261.1M+3.4% $252.5M+1.5% $248.8M+27.3% $195.4M-25.8% $263.4M-2.6% $270.5M+4.0% $260.0M+7.7% $241.5M
Gross Profit $565.3M+9.4% $516.5M+4.0% $496.6M+23.3% $402.7M+2.3% $393.9M+10.9% $355.2M-3.9% $369.7M+1.2% $365.2M
R&D Expenses $36.2M-5.0% $38.1M-4.7% $40.0M+20.8% $33.1M-1.0% $33.4M-5.6% $35.4M-6.1% $37.7M-34.2% $57.3M
SG&A Expenses $318.5M+1.6% $313.6M+3.3% $303.6M+25.1% $242.8M-4.1% $253.2M+5.5% $240.1M+0.3% $239.5M-3.7% $248.7M
Operating Income $169.3M+23.3% $137.4M+80.5% $76.1M-21.5% $97.0M+60.9% $60.3M+25.3% $48.1M-3.1% $49.6M+520.5% $8.0M
Interest Expense N/A $1.5M+110.0% $693K-58.8% $1.7M+106.3% $815K+205.2% -$775K+66.8% -$2.3M-23.3% -$1.9M
Income Tax $28.6M+14.4% $25.0M+270.6% -$14.7M-152.0% $28.2M+1634.6% -$1.8M-135.4% $5.2M-67.2% $15.8M+1197.9% -$1.4M
Net Income $140.6M+18.2% $119.0M-41.4% $202.8M+168.8% $75.5M+184.7% $26.5M-48.9% $51.8M+63.2% $31.8M+546.3% -$7.1M
EPS (Diluted) N/A $0.88-40.9% $1.49+175.9% $0.54 N/A $0.38+65.2% $0.23+560.0% $-0.05

GMED Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $5.3B+4.1% $5.1B+2.7% $5.0B+5.3% $4.7B-10.3% $5.3B+3.3% $5.1B+1.8% $5.0B+1.0% $4.9B
Current Assets $2.1B+10.5% $1.9B+11.2% $1.7B+1.2% $1.7B-21.5% $2.2B+5.9% $2.1B+6.9% $1.9B+5.2% $1.8B
Cash & Equivalents $526.2M+41.5% $371.8M+62.0% $229.4M-50.3% $461.3M-41.2% $784.4M+26.0% $622.8M+51.7% $410.4M+15.9% $354.1M
Inventory $759.3M-1.6% $771.5M-0.1% $772.1M+16.4% $663.6M+0.7% $659.2M-8.1% $717.7M-6.8% $770.5M-5.6% $816.2M
Accounts Receivable $678.9M+9.7% $619.1M+1.2% $611.6M+14.3% $535.1M-4.1% $557.7M-5.2% $588.0M-3.9% $611.8M+14.5% $534.3M
Goodwill $1.4B+0.1% $1.4B0.0% $1.4B+0.1% $1.4B0.0% $1.4B+0.1% $1.4B-1.5% $1.5B+0.2% $1.5B
Total Liabilities $729.5M+4.7% $696.8M+4.7% $665.4M+6.8% $623.1M-42.0% $1.1B+5.7% $1.0B-0.1% $1.0B-0.4% $1.0B
Current Liabilities $498.5M+7.0% $466.0M+9.7% $424.7M+10.4% $384.7M-55.1% $855.9M+4.6% $818.1M+3.0% $794.1M+1.0% $786.3M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $4.6B+4.0% $4.4B+2.4% $4.3B+5.1% $4.1B-2.1% $4.2B+2.7% $4.1B+2.3% $4.0B+1.4% $3.9B
Retained Earnings $1.4B+7.4% $1.3B+6.5% $1.2B+17.1% $1.0B-10.1% $1.2B+2.4% $1.1B+4.8% $1.1B+2.6% $1.0B

GMED Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $248.6M-0.4% $249.7M+220.7% $77.9M-56.1% $177.3M-15.7% $210.3M+3.3% $203.7M+275.3% $54.3M+3.6% $52.4M
Capital Expenditures $46.2M+29.0% $35.8M-23.1% $46.6M+29.0% $36.1M+111.0% $17.1M-59.2% $42.0M+50.9% $27.8M-2.7% $28.6M
Free Cash Flow $202.4M-5.4% $213.9M+583.3% $31.3M-77.8% $141.2M-26.9% $193.2M+19.5% $161.7M+511.1% $26.5M+11.1% $23.8M
Investing Cash Flow -$111.4M-46.9% -$75.8M+74.6% -$299.1M-327.7% $131.4M+226.2% -$104.1M-595.7% -$15.0M-44.2% -$10.4M+77.7% -$46.6M
Financing Cash Flow $13.2M+141.2% -$32.0M-28.5% -$24.9M+96.1% -$635.4M-1163.7% $59.7M+205.0% $19.6M+124.9% $8.7M+107.5% -$115.7M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $45.0M+12.5% $40.0M+60.0% $25.0M-86.9% $190.5M+18945.1% $1.0M $0-100.0% $1.5M-98.2% $83.3M

GMED Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 68.4%+1.3pp 67.2%+0.5pp 66.6%-0.7pp 67.3%+7.4pp 59.9%+3.1pp 56.8%-1.9pp 58.7%-1.5pp 60.2%
Operating Margin 20.5%+2.6pp 17.9%+7.7pp 10.2%-6.0pp 16.2%+7.1pp 9.2%+1.5pp 7.7%-0.2pp 7.9%+6.6pp 1.3%
Net Margin 17.0%+1.5pp 15.5%-11.8pp 27.2%+14.6pp 12.6%+8.6pp 4.0%-4.3pp 8.3%+3.2pp 5.0%+6.2pp -1.2%
Return on Equity 3.1%+0.4pp 2.7%-2.0pp 4.7%+2.9pp 1.8%+1.2pp 0.6%-0.6pp 1.3%+0.5pp 0.8%+1.0pp -0.2%
Return on Assets 2.6%+0.3pp 2.3%-1.8pp 4.1%+2.5pp 1.6%+1.1pp 0.5%-0.5pp 1.0%+0.4pp 0.6%+0.8pp -0.1%
Current Ratio 4.26+0.1 4.13+0.1 4.07-0.4 4.45+1.9 2.54+0.0 2.51+0.1 2.42+0.1 2.33
Debt-to-Equity 0.160.0 0.160.0 0.150.0 0.15-0.1 0.260.0 0.250.0 0.260.0 0.26
FCF Margin 24.5%-3.3pp 27.8%+23.6pp 4.2%-19.4pp 23.6%-5.8pp 29.4%+3.6pp 25.8%+21.6pp 4.2%+0.3pp 3.9%

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Frequently Asked Questions

Globus Med Inc (GMED) reported $2.9B in total revenue for fiscal year 2025. This represents a 16.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Globus Med Inc (GMED) revenue grew by 16.7% year-over-year, from $2.5B to $2.9B in fiscal year 2025.

Yes, Globus Med Inc (GMED) reported a net income of $537.9M in fiscal year 2025, with a net profit margin of 18.3%.

Globus Med Inc (GMED) reported diluted earnings per share of $3.92 for fiscal year 2025. This represents a 422.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Globus Med Inc (GMED) had EBITDA of $756.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Globus Med Inc (GMED) had a gross margin of 67.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Globus Med Inc (GMED) had an operating margin of 16.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Globus Med Inc (GMED) had a net profit margin of 18.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Globus Med Inc (GMED) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Globus Med Inc (GMED) generated $588.8M in free cash flow during fiscal year 2025. This represents a 45.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Globus Med Inc (GMED) generated $753.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Globus Med Inc (GMED) had $5.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Globus Med Inc (GMED) invested $164.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Globus Med Inc (GMED) invested $147.2M in research and development during fiscal year 2025.

Yes, Globus Med Inc (GMED) spent $300.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Globus Med Inc (GMED) had a current ratio of 4.26 as of fiscal year 2025, which is generally considered healthy.

Globus Med Inc (GMED) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Globus Med Inc (GMED) had a return on assets of 10.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Globus Med Inc (GMED) has an Altman Z-Score of 11.37, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Globus Med Inc (GMED) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Globus Med Inc (GMED) has an earnings quality ratio of 1.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Globus Med Inc (GMED) scores 69 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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